Santander InnoVentures leads $39m investment in debt marketplace CrossLend

Published: 18/10/2019
Santander InnoVentures leads $39m investment in debt marketplace CrossLend
Source: BANKINNOVATION.NET

Santander InnoVentures, Santander Group’s fintech venture fund, is leading a Series B investment of 35 million euros ($39 million) in CrossLend, a pan-European digital debt marketplace. Oliver Schimek, CrossLend’s CEO, told Bank Innovation the funding, which was confirmed this week, will support CrossLend’s expansion efforts, building on the 10 markets in which it currently opera

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